(1982) Tags: Fox
David Markin and Barbara C. Markin, et al. v. Commissioner
This is a tax dispute case involving the investors who funded Arthur Hiller’s 1982 movie ‘Author! Author!’ starring Al Pacino. The case from the tax court lists certain financial information pertaining to the movie — including the budget,distribution costs and the tax write off that the investors recorded. Below is a brief breakdown of the expenses related to ‘Author! Author!’:
The budget for ‘Author! Author!’ was $11,255,000
Theatrical distribution expenses ….. $10,900,000
Television distribution expenses ….. $1,810,000
Read the full court report below for further information.